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and policy risk. as investors we owe it to our clients to bring all that together to make an educated investment positioning for their portfolios. >> all right. so then what did you -- i know how you look around corners at pimco and multispeed universe. i got all your phrases in this new normal that we have. how are you handicapping those three things that you said? i don't think you're positive about the two sides coming to the. are you? >> no. first, joe, it's great that you say new normal. >> i say multi -- i say -- we'll see whether it really is a new normal. a new normal can't only last three years, mohamed. i'm still hoping you're wrong. i don't want this forever. >> no, we said in 2009, two to five years. so 2009 we said it for three to five years. >> wait a second. that means you're already right it's 2013. >> you're done. by coincidence he's already right. >> slow growth, unusually high unemployment, the system credit and debt issues. okay so in terms of what to expect, you should expect that once again it's going to be incredibly noisy. we're not going to get any positive mo
Search Results 0 to 0 of about 1